Taseko Mines Ltd T.TKO

Copper

[JCSunsfan]

Hits 4.42 over night.  Oh boy.

[Cognition777]

Deinitely looking very strong. You can see some jitters in the copper stocks every time copper pulls back a bit; so there optimism in copper, but it's a bit of cautious optimism.

[JoeStockIQ]

Agree in reference to the cautious optimism and its potential sustainability. Traders are still doing the dance of figuring out the possible end runs with the new sanctions against Russian copper supplies and how that will ultimately effect the warehouse inventories. Obviously ongoing demand calculations are being factored into the entire equation as well. However, one important issue is clear as

[JCSunsfan]

The things driving inflation are things that are not optional purchases for most.  Food, housing, gas.  Raising interest rates might actually be driving some inflation. What would help is to cut the massive government spending, and cut regulations that add extraordinary cost to everything.  Governments are trying to get us to spend less while they spend more.

[JCSunsfan]

The things driving inflation are things that are not optional purchases for most. @Food, housing, gas. @Raising interest rates might actually be driving some inflation. What would help is to cut the massive government spending, and cut regulations that add extraordinary cost to everything. @Governments are trying to get us to spend less while they spend more.

[JCSunsfan]

It's pushing $4.50 today.  With inflation elsewhere this is basically where copper should be without any shortage.  We could think of it  as the hamburger index.  How much copper did it take to buy a hamburger 2 years ago.  How much does it take today?  That would be an interesting study.

[Whampoa]

CU Spot tagged US$4.5000 /lb Marching like an inverted water fall, higher highs.